Quote Originally Posted by Big Baller
As the son and grandson of a CPA I can assure you that it does not work that way.

If you want the IRS knocking on your door just go ahead and try it.
well the way that he write these things off ,is advertising. Belive it or not you can write that stuff off, i have checked into doing it.The only reason why i cant is i own a insurance agency not a shop. A shop can write it off because it falls under advertising for that company.And there buisness is working on cars

Why do you think full race and all these people sponsor cars to get there name out there and the parts they give they write off as advertising.It works in both ways for the company they get free advertising and they get a tax write off.